Vivendi's Stock Rises 2.18% to €2.158, Marking a Week with a +6% Gain
Vivendi's stock increases by 2.18% to €2.158 in mid-afternoon trading on the Paris market, which is well-oriented. The stock marks a weekly gain of nearly 6%, while the CAC 40 is up by 0.85% during the session. This movement brings the value back above its short-term moving averages, after a late April dip below €2.
Vivendi Moves Above Its Short-Term Moving Averages and Rebounds
Vivendi's stock is trading in the upper part of the Bollinger Bands, at 62% of the amplitude, framed by €1.94 at the bottom and €2.29 at the top. The price has moved back above the MM20 (€2.12) with a positive gap of 1.79%, and well above the MM50 (€2.00), at about 7.9%. The MM200, located at €2.55, remains 15.4% above the current price and illustrates the medium-term degradation: the performance over one year remains negative at -23.34%. The RSI at 54 remains neutral, with no extension signal. The technical resistance identified at €2.26 caps the top of the recent channel, about 5% from the current price. On the downside, the support at €1.75 represents the theoretical pullback level, compared to the low of April 30, the day when the stock had dipped below €2 at €1.975.
Tight Valuation on Expected Earnings as the Stock Rebounds
Based on analyst consensus, the stock is trading at about 28.5 times current year earnings and 18.6 times next year's earnings. The average for the Consumer Discretionary sector is 14.6 times, making the current multiple nearly twice the sector reference. The consensus forecasts a 53.8% growth in earnings per share from one year to the next, which partly justifies the gap. Today's rebound occurs in a supportive session for the Parisian market, with the SBF 120 up by 0.86%. Vivendi is up by 2.18% and ranks 20th in the index, away from the extremes of the ranking. The financial calendar shows no immediate appointments, following the first quarter revenue announcement on April 21.
